With German open-ended funds less in contention these days, significant growth in Spezialfonds is expected, according to a report released by CBRE.
3 min read · 17 January 2013
The Wall Street bank has decided to tap global demand for 'super prime' property with the sale of Continental Europe’s largest department store, KaDeWe, with bids expected to be in the region of €750m.
3 min read · 17 January 2013
DTZ’s 'The Great Wall of Money' report says the volume of available capital for 2013 has increased by 4 percent over the last six months. The rise has been driven by an increase in new equity in Europe and increased optimism in the US and Asia for real estate financing.
3 min read · 17 January 2013
Private equity and real estate firms are asking limited partners for terms that would allow for the renegotiation of fund agreements in the event carry’s tax treatment changes.
3 min read · 17 January 2013
The deal marks the Norwegian sovereign wealth fund manager’s first German property investment and the third that it has made in conjunction with AXA’s real estate investment arm in the past 15 months.
2 min read · 17 January 2013
The Blackstone Group has closed its latest global real estate fund, which is the largest real estate opportunity vehicle ever raised. About 35 percent of the commingled vehicle already is invested.
3 min read · 17 January 2013
The Asia- and Europe-focused private equity real estate firm has downsized its Japanese division by nine as it seeks to redeploy and grow its presence in Australia and China.
3 min read · 17 January 2013
After investing $85 million in a troubled office portfolio controlled by an SL Green venture, the New York-based private equity and real estate giant has assumed a majority ownership stake in the properties.
2 min read · 17 January 2013
Improving investor sentiment for Sub-Saharan Africa is evident as the London-based, pan-emerging markets private equity firm smashes through its original $250m fundraising target to haul $278m.
2 min read · 17 January 2013
The New York-based firms have hit the market with their fifth offering in the RCG Longview Debt Fund series. Early investors include the Pennsylvania Public School Employees’ Retirement System, which recently committed $75 million.
2 min read · 17 January 2013